Superannuation holding accounts (SHA) special account
We are experiencing delays with the processing of a small number of SHA special account payment claims due to problems with our systems. We are working to resolve the issues as quickly as possible. If you are suffering hardship as a result of these delayed payments, contact us on 1300 139 027.
The SHA special account is administered by us. It was established to receive small super amounts from employers who could not find a super fund to accept their contributions.
The SHA special account closed to employer deposits on 30 June 2006. However, it is still open for individual account holders who have not yet transferred their balance to a super fund or retirement savings account. We also use it to deposit unclaimed super guarantee and super co-contribution amounts.
The SHA special account is not a trust fund or super fund. It is a holding mechanism designed to protect employees' small super amounts until they can be transferred into a super fund or retirement savings account.
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